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Thursday, 02/20/2020 9:10:28 AM

Thursday, February 20, 2020 9:10:28 AM

Post# of 1471
As December 31,2019, ReWalk had $16.2 million cash on its balance sheet and $7.0 million in short- and long-term debt.

Total revenue for the fourth quarter of 2019 was $1.2 million, compared to $1.6 million in the prior year quarter and $1.2 million in the third quarter of 2019.
Completed and pending German insurance contracts establish the implementation procedures for coverage of German spinal cord population.
16 ReStore units placed since launch in June 2019; 12 in the U.S., 3 in Europe and 1 in Asia.
-->Gross margin for 2019 improved to a yearly record high of 56% compared to 43% in 2018.

-->2019 Operating expenses reduced by 24% compared to 2018.
Closed a $7 million offering in February 2020.
https://seekingalpha.com/pr/17784895-rewalk-robotics-reports-fourth-quarter-and-year-end-2019-financial-results


-As of december 31, 16 mil cash plus the 7 mil cash they raised with that Public offering would now have a 2.09 $ cash per share with 11mill float

-Book value is according to Finviz info $ 1.94 a share

>>>> https://www.finviz.com/quote.ashx?t=RWLK&ty=c&ta=1&p=d

There is a positive trend in the growth process imo

-Buy, Sell and trade stocks at your own risk.
-What I say in my posts are strictly my opinions.
-So do your own DD (Due Diligence) and take your own decisions.

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